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“Most incompetent hacker of the year” steals $8k in a Solana memecoin scam
Shummas Humayun
- Many large accounts on X got compromised.
- The compromised accounts shared a scam memecoin on Solana.
- The attackers barely made over $1k profit.
In a new X post, on-chain sleuth ZachXBT revealed that several large accounts on X have been compromised and promoting a Solana memecoin scam with the ticker $HACKED.
On further glance, it looks like the regular traders haven’t lost a significant sum of money yet. Apparently, the top traders on the scam coin only made a profit of $8k, which likely means that the attackers themselves lost money and resources using this method. Soon after the scam went live, the attackers removed the token’s liquidity and rugged it back to zero.
At press time, the coin’s market cap stands are merely $3,800 with only $28 left in the liquidity pool.
On a lighter note following the incident, ZachXBT called the attacker a “strong contender for most incompetent hacker of the year” and mentioned that the attacker probably spent 5-6 figures to make this method work.
As a safety precaution, ZachXBT reminded users to always disconnect apps from Twitter that aren’t in use. This can be done from Settings -> Security and account access -> Apps and Sessions.
If you want a calmer entry point into DeFi crypto without the usual hype, start with this free video.
Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
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